Get a Foothold in Clean Energy - Lithium, Uranium, Cobalt

Azincourt Energy Corp. is a Canadian junior exploration company focused on developing Lithium and Uranium assets int he world's top mining jurisdictions

Azincourt Energy Corp (OTCBB:AZURF)

VANCOUVER, BC, CANADA, February 22, 2018 /EINPresswire.com/ -- ‘In order to produce half a million cars a year... we would basically need to absorb the entire world’s lithium-ion production.’ - Elon Musk

“The skillsets that young people should learn about mining should apply to everything. We just need to do a better job of explaining to people in urban environments that the human activity of mining is absolutely fundamental to the way this planet is going to evolve. Completely and totally fundamental.” - Robert Friedland, Ivanhoe Capital

The future envisioned by industry leaders hinges heavily on the production of new materials to power and build the future. Leaders such as Elon Musk have been developing the blueprint for the future with electric cars, battery grids and renewable energy solutions. While, other leaders such as Robert Friedland are looking to supply the materials to build this future. Mr. Friedland makes the case and understands the story that is unrolling in real time. Mining is the critical component to meet the world’s demands for a sustainable future. The prerequisite for this future is mining and with every mineral discovery and development project, this future is coming closer.

Mr. Friedland is not the only miner that realizes the economy of tomorrow will require the development of new mining assets. Azincourt Energy Corp. (TSX-V: AAZ, OTC: AZURF) is a Canadian junior exploration company that has been actively building their mining asset portfolio in anticipation of the future demand for minerals that will provide clean energy; from lithium to uranium to cobalt.

Azincourt Energy Chairman, Ian Stalker is an experienced mining executive that sees the writing on the wall when it comes to the materials and fuel that future technology will require. Mr. Stalker is a senior international mining executive with over 45 years of hands-on experience in resource development. Over his career Mr. Stalker has directed over twelve major mining projects, from exploration drilling to start-up, including gold, base metal, uranium and industrial minerals. He is currently CEO of LSC Lithium (TSX.V: LSC), and Chairman of Plateau Uranium (TSX.V: PLU), and is the former CEO of UraMin Inc., the London and Toronto listed public uranium company that was acquired by Areva for US$2.5 billion in August 2007. In a recent press release, Mr. Stalker outlined the current strategy for Azincourt.

“The lithium market is obviously very strong right now, and the near-term future for lithium demand remains extremely positive. Our decision to expand Azincourt’s focus to include lithium and other materials is something we feel strongly about. To get a foothold and exposure in this environment, at this time, is an important and strategic step for us.”

Azincourt recently acquired five lithiums projects in located in the Winnipeg River Pegmatite Field, Manitoba, Canada. Two of the projects, the Lithium One and Two projects, are adjacent to Quantum Minerals Corp.'s Cat Lake lithium project which includes a historical estimate from drilling in 1947 that defined 545,000 tonnes of 1.4 percent lithium oxide (Li2O). Drilling could prove up this ground.

Two other of the acquired lithium projects, the Lithman West and East projects are adjacent to the Tanco Mine lease property. These projects are part of the Winnipeg River pegmatite field which hosts numerous lithium-rich pegmatites or “hard-rock” lithium such as the Tanco pegmatite that has been mined at the Tanco mine since 1969 for spodumene, a major component for hosting lithium (Li), and other rare earth ores.

Azincourt has scheduled exploration work to begin in the spring of 2018, with a field program that includes detailed mapping of the known pegmatite outcroppings on the Lithium One and Lithium Two projects. This will be followed immediately by a comprehensive chip sampling program designed to generate targets for the drill programs anticipated at both properties during the summer of 2018.

Previous work in 2016 produced twelve samples between a range of 0.02 per cent to 3.04 per cent Li2O from the Eagle pegmatite, and up to 2.08 per cent Li2O. Select sampling will concentrate on the Eagle and FD5 pegmatites at Lithium Two, and on the Silverleaf pegmatite at Lithium One, which returned values as high as 4.33 per cent Li2O in the 2016 exploration program (see press release dated Feb. 1, 2018).

True to the company strategy, Azincourt announced a new project that is adjacent to the western edge of Plateau Uranium’s Macusani Project in Peru. This project contains the high-grade Falchani discovery that includes consistent 3,000-3,500 ppm Li over 100m intercepts at depth, and U3O8 grades up to 500 ppm over 50m intercepts at surface. The plateau features areas of uranium-rich surface mineralization as well as lithium mineralization at depth.

Warnings and Disclaimers: 1. This stock profile should be viewed as a paid advertisement. The author and staff of this publication may hold positions in the securities of companies discussed or recommended. 2. The information contained herein has been received from sources which the author deems reliable. However, the author cannot guarantee that such information is complete and true in all respects. The company covered provided a review of the factual content of this report at the time of publication. 3. The author is not a registered investment adviser and does not purport to offer personalized investment-related advice; the author does not determine the suitability of the advice and recommendations contained herein for any reader. Each person must separately determine whether such advice and recommendations are suitable and whether they fit within such person's goals and portfolio. The mining company featured in this edition of Streetcents has paid the author for the costs and compensation related to the authorship, overhead, design and distribution of this online edition. Streetcents hasn't researched and cannot assess the suitability of any investments mentioned or advertised by our advertisers. We recommend you conduct your own due diligence and consult with your financial adviser before entering into any type of financial investment.